I don’t envy you, as having to slog through probable self-serving pablum such as that work, for professional reasons, must be tedious. I’m going through a very enjoyable history of US debt by John Steele Gordon called “Hamilton’s Blessing”, which you can get as an EPUB book ‘free’ at the usual sources. If I could I would send money to the author (who is a historian of the USA); it’s that good.

As an alternate to reading…here are the videos of Chairman Bernanke’s lectures plus the rest of the lectures in the course: http://business.gwu.edu/fed/videos.cfm I watched part of the first lecture when it was recorded, the Q&A are priceless and I would rate the lectures highly for the intended audience (which is not TC).

As an aside, I thought the reference to BB in the post was funny. By convention, the most informal I am allowed is “Chairman” used like a first name. Of course, such conventions often vary a lot by the context…I would probably raise eyebrows here if I made reference to General Director Cowen. Thankfully none of that really matters…it’s the ideas.

They don’t use non-sexist language in government yet? US is still 50 years in the past I see. Nowadays the private sector refers to the ‘chair’ does it not? It’s largely b.s. of course, a triumph of form over substance–the substance being in the USA and elsewhere women rarely get access to formal power. Thanks for the link, but I see a typo “Lecture 1: Origins and Mission of the Fereral [sic] Reserve”. Feral Reserve–sick, so apt!